receivership


receivership
re|ceiv|er|ship [rıˈsi:vəʃıp US -vər-] n [U]
if a business is in receivership, it is controlled by an official receiver because it has no money
The company went into receivership with massive debts.

Dictionary of contemporary English. 2013.

Look at other dictionaries:

  • receivership — re·ceiv·er·ship /ri sē vər ˌship/ n 1: the office or function of a receiver 2: a proceeding in which a receiver is appointed 3: the state of being in the hands of a receiver compare bankruptcy Merria …   Law dictionary

  • Receivership — is used to denote a situation in which an institution or enterprise is being held by a receiver.United StatesSeveral regulatory entities have been granted power by the Congress to place banking and financial institutions into receivership. The… …   Wikipedia

  • Receivership — Re*ceiv er*ship, n. The state or office of a receiver. [1913 Webster] …   The Collaborative International Dictionary of English

  • receivership — (n.) late 15c., from RECEIVER (Cf. receiver) + SHIP (Cf. ship) …   Etymology dictionary

  • receivership — ► NOUN ▪ the state of being managed by an official receiver …   English terms dictionary

  • receivership — [ri sē′vərship΄] n. 1. Law the duties or office of a receiver 2. the state of being administered or held by a receiver …   English World dictionary

  • receivership — the legal condition a company is placed in when an official receiver is appointed to investigate and manage its affairs. Glossary of Business Terms * * * receivership re‧ceiv‧er‧ship [rɪˈsiːvəʆɪp ǁ vər ] noun [uncountable] LAW FINANCE when a… …   Financial and business terms

  • receivership — n. 1) to put a firm into receivership 2) in receivership * * * [rɪ siːvəʃɪp] in receivership to put a firm into receivership …   Combinatory dictionary

  • receivership — /ri see veuhr ship /, n. Law. 1. the condition of being in the hands of a receiver. 2. the position or function of being a receiver in charge of administering the property of others. [1475 85; RECEIVER + SHIP] * * * In law, state of being in the… …   Universalium

  • receivership — [[t]rɪsi͟ːvə(r)ʃɪp[/t]] receiverships N VAR: oft in/into N If a company goes into receivership, it faces financial failure and the administration of its business is handled by the receiver. The company has now gone into receivership with debts of …   English dictionary


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.